Moving to Iceland from Bulgaria

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What to Expect

A comprehensive look at what changes when you move from Bulgaria to Iceland — from daily expenses to quality of life.

If you moved from Bulgaria to Iceland, you would find that Iceland is 3.1 times more expensive than Bulgaria overall. A BGN128,505 salary in Bulgaria would need to be roughly ISK26,548,988 in Iceland to maintain the same lifestyle, and you’d need to navigate life in Icelandic. Expect a noticeable climate shift — Reykjavik averages 45°F vs 59°F in Sofia, making it significantly cooler.

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How Far Will Your Money Go?

How your spending power changes when you relocate from Bulgaria to Iceland.

What does your salary buy?

BGN128,505 ISK26,548,988

To maintain the same standard of living in Iceland

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 2.7 times more

Groceries

pay 2.3 times more

Transportation

pay 2.6 times more

Housing

pay 5.5 times more

Childcare

pay 2.7 times more

Entertainment and Sports

pay 3.5 times more

See full cost of living breakdown
Exchange rate: 1 BGN = 73.33 ISK (July 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Who Else Is Making This Move?

Real numbers on people moving from Bulgaria to Iceland, and how the trend has changed.

Moved in 2023
117 ↑ 3% vs 2022

people moved from Bulgaria to Iceland · OECD (latest data available)

Who's moving to Iceland?

Top countries of origin for Iceland's foreign-born residents.

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

How Bulgaria and Iceland stack up on safety, healthcare, jobs, and infrastructure.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

BG
1.1
IS
1.1
Feel safe walking at night United Nations SDG Indicators, 2022

of residents who feel safe walking alone at night

BG
86%
IS
91%

Iceland generally does better on safety, though Bulgaria leads in homicide rate.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

BG
$2,970
IS
$6,927
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

BG
49.0
IS
45.2

Bulgaria generally does better on health & wellbeing, though Iceland leads in health coverage index.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

BG
63.0
IS
8.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

BG
5.3t
IS
8.5t

Bulgaria generally does better on environment, though Iceland leads in air pollution deaths.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

BG
35.2
IS
38.2
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

BG
37.5%
IS
0.4%

Iceland performs significantly better than Bulgaria across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

BG
4.3%
IS
3.6%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

BG
$33,300
IS
$66,500

Iceland generally does better on employment & economy, though Bulgaria leads in top income tax rate.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

BG
75.6 yrs
IS
83.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

BG
8.0
IS
1.6

Iceland performs significantly better than Bulgaria across all family life metrics.

Data: National Revenue Agency, Bulgaria, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Sofia Rain: 22.5 in/yr (571 mm)
59° / 41°F

Avg. annual high / low

Reykjavik Rain: 31.4 in/yr (798 mm)
45° / 35°F

Avg. annual high / low

Months Sofia Reykjavik
Jan–Mar 42°/28°F (6°/-2°C) 37°/28°F (3°/-2°C)
Apr–Jun 68°/48°F (20°/9°C) 48°/38°F (9°/4°C)
Jul–Sep 77°/55°F (25°/13°C) 54°/45°F (12°/7°C)
Oct–Dec 50°/34°F (10°/1°C) 39°/31°F (4°/-1°C)
View all months
Month Sofia Reykjavik
Jan 36°/23°F (2.2°/-4.9°C) 35°/27°F (1.9°/-3.0°C)
Feb 41°/27°F (4.9°/-2.9°C) 37°/28°F (2.8°/-2.1°C)
Mar 50°/33°F (9.8°/0.3°C) 38°/28°F (3.2°/-2.0°C)
Apr 60°/41°F (15.7°/4.8°C) 42°/33°F (5.7°/0.4°C)
May 69°/48°F (20.3°/9.0°C) 49°/38°F (9.4°/3.6°C)
Jun 74°/54°F (23.5°/12.1°C) 53°/44°F (11.7°/6.7°C)
Jul 79°/57°F (25.9°/13.8°C) 56°/47°F (13.3°/8.3°C)
Aug 79°/56°F (26.0°/13.4°C) 55°/46°F (13.0°/7.9°C)
Sep 73°/51°F (22.6°/10.4°C) 50°/41°F (10.1°/5.0°C)
Oct 62°/42°F (16.6°/5.7°C) 44°/36°F (6.8°/2.2°C)
Nov 49°/34°F (9.6°/1.2°C) 38°/30°F (3.4°/-1.3°C)
Dec 39°/27°F (4.1°/-2.7°C) 36°/27°F (2.2°/-2.8°C)

Data: National Institute of Meteorology and Hydrology National Institute of Meteorology and Hydrology, Icelandic Meteorological Office Icelandic Meteorological Office

Visitor Visa Requirements

Short-stay tourist visa rules between Bulgaria and Iceland. To live, work, or study long-term in Iceland, you'll need a separate residence or work visa — check Iceland's immigration authority.

Bulgaria passport

Bulgaria passport holder visiting Iceland

Visa Free
Bulgaria passport holders can enter Iceland without a visa.
Iceland passport

Iceland passport holder visiting Bulgaria

Visa Free
Iceland passport holders can enter Bulgaria without a visa.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Iceland than Bulgaria?

Day-to-day costs in Iceland run about 182% higher than Bulgaria on average; specific cities can swing further.

How much money do I need to move to Iceland?

A safe rule of thumb is 3 months of local expenses plus relocation costs. On a BGN128,505 comparable salary, that's around ISK6,637,247 in Iceland for everyday spending, before flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Iceland?

With 38.2 fixed broadband subscriptions per 100 people, Iceland can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Bulgaria and Iceland.

Is Iceland safe for expats?

Iceland generally does better on safety, though Bulgaria leads in homicide rate. The homicide rate in Iceland is 1.1 per 100,000 people, compared to 1.1 in Bulgaria. About 91% of people in Iceland feel safe walking alone at night.

How is healthcare in Iceland compared to Bulgaria?

Bulgaria generally does better on health & wellbeing, though Iceland leads in health coverage index. There are 45.2 doctors per 10,000 people in Iceland, compared to 49.0 in Bulgaria. Iceland scores 89 on the WHO universal health coverage index (Bulgaria: 73).

What's the weather like in Iceland compared to Bulgaria?

The average high temperature in Reykjavik is 45°F, compared to 59°F in Sofia. Reykjavik receives around 31.4 in of rainfall per year, while Sofia gets 22.5 in.

What language do they speak in Iceland?

The official language in Iceland is Icelandic. In Bulgaria, the official language is Bulgarian.

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At a Glance

BG IS
Population 6,873,253 357,603
Currency Bulgarian Lev (BGN) Icelandic Króna (ISK)
Languages Bulgarian Icelandic
Driving side Right Right
Calling code +359 +354
Time zones 1 1
Emergency number 112 112